Fundamental analysis:

    December 7 (Wed.) announced the news: the US Department of Commerce announced in October factory new orders for nearly a year and a half to the largest increase, further evidence of the manufacturing sector is gradually out of the long trough. The central parity of RMB was 233 points lower than the previous day. After a lapse of one week, Offshore renminbi fell below 6.9 against the dollar again, fell 0.2 percent over the 120 days; onshore RMB against the US dollar fell 0.2 percent over the days. China's foreign reserves in November fell 69.1 billion US dollars, the largest since January's largest decline. WTI crude oil futures closed down 1.16 US dollars, down 2.28%

Reported 49.77 US dollars / barrel. By this combination of factors, copper copper diving, late to close at $ 5,830 / ton, down 0.72 over the previous trading day. Shanghai copper main contract 1701 late to close at 48,150 yuan / ton, compared with the previous trading day up 0.8%.

    Spot surface:
 
    Copper and copper stocks to reduce the previous day 3575 tons to 225,925 tons, LME copper canceled warehouse receipts accounted for 48.11. Domestically, by the futures price factors, the Yangtze River spot price of copper copper water premium 20 yuan / ton, premium copper premium 40 yuan / ton.

    8mm copper rod:

    Far East material trading center spot 8mm copper rod over the previous day's incremental Masukura, the day the price within a narrow range, late to close at 48010 yuan / ton, up 0.57% over the previous trading day, showing a strong upstream shipments , More active transactions.


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